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Which of the following costs is considered a sunk cost?

Practice Questions

1 question
Q1
Which of the following costs is considered a sunk cost?
  1. Future marketing expenses
  2. Past research and development costs
  3. Current production costs
  4. Future labor costs

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following costs is considered a sunk cost?
Solution: Sunk costs are past costs that have already been incurred and cannot be recovered, such as past research and development costs.
Steps: 0

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